technically it should retrace, yet gu can keep dropping to the next level.
steliostheo1212
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@alexey-m, lots of fundmental of news today...........
and technical speaking we are about to see a reversal....as shown on the graph
BasilSaid
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bro theres a fear that the populists will win this election and they say that taresa may may resign, also they say that it might be the last eu election, so the momentum is downwards, gbp is goin to collapse and its not going to spike up
steliostheo1212
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@BasilSaid, Bro, i will tell you only one thing....... When there is blood in the streets you BUY
Remains to be seen.... Thanks for you comment though
BasilSaid
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@steliostheo1212, if you trade long term, youre right, but in the next days it will continue to fall until the case in the uk is set up
steliostheo1212
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@BasilSaid, Swing trader....... i do understand that GBP is fundamentally driven ......but most of the bad news are out.......and i am a fan of a famous phrase.....when blood is running in the streets ...You BUY... Thanks for your comments..... i do appreciate..... Remains to be seen in the next few days... Once again Thanks
Svatti
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may be you are wrong its going down
steliostheo1212
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@Svatti, fundmentally driven.........but bear in mind that one should buy when blood is running in the streets